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SFBS - ServisFirst Bancshar...

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ServisFirst Bancshares, Inc.

SFBS

NYSE

ServisFirst Bancshares, Inc. operates as the bank holding company for ServisFirst Bank that provides various banking services to individual and corporate customers. It accepts demand, time, savings, and other deposits; checking, money market, and IRA accounts; and certificates of deposit. The company's loan products include commercial lending products, such as seasonal, bridge, and term loans for working capital, expansion of the business, acquisition of property, and plant and equipment, as well as commercial lines of credit; commercial real estate loans, construction and development loans, and residential real estate loans; and consumer loans, such as home equity loans, vehicle financing, loans secured by deposits, and secured and unsecured personal loans. It also offers other banking products and services comprising telephone and mobile banking, direct deposit, Internet banking, traveler's checks, safe deposit boxes, attorney trust accounts, automatic account transfers, automated teller machines, and debit card systems, as well as Visa credit cards; treasury and cash management services; wire transfer, night depository, banking-by-mail, and remote capture services; and correspondent banking services to other financial institutions. In addition, the company holds and manages participations in residential mortgages and commercial real estate loans originated by ServisFirst Bank in Alabama, Florida, Georgia, and Tennessee. It operates 23 full-service banking offices located in Alabama, Florida, Georgia, South Carolina, and Tennessee, as well as 2 loan production offices in Florida. The company was founded in 2005 and is headquartered in Birmingham, Alabama.

83.39 USD

2.59 (3.11%)

SFBS Financial Statements

Year

2024

2023

2022

2021

Current Assets

1.34B

2.13B

751.13M

5.04B

Cash & Short Term Investments

1.28B

2.13B

751.13M

5.01B

Cash And Cash Equivalents

2.38B

2.03B

814.54M

4.16B

Short Term Investments

1.16B

900.18M

644.82M

842.57M

Net Receivables

62.79M

59.18M

48.42M

34.83M

Inventory

0

0

0

-4.26B

Other Current Assets

0

0

0

0

Non-Current Assets

134.55M

13.95B

73.47M

1.38B

Property, Plant & Equipment

59.19M

85.78M

59.85M

60.3M

Goodwill And Intangible Assets

13.62M

13.62M

13.62M

13.64M

Goodwill

13.62M

13.62M

13.62M

13.6M

Intangible Assets

0

0

13.62M

13.64M

Long Term Investments

0

1.92B

1.68B

1.31B

Tax Assets

0

0

60.45M

37.77M

Other Non-Current Assets

61.75M

11.93B

-1.74B

-37.77M

Other Assets

15.88B

44.67M

13.77B

9.03B

Total Assets

17.35B

16.13B

14.6B

15.45B

-

-

-

-

Current Liabilities

28.03M

0

18.61M

13.62M

Accounts Payable

0

27.55M

18.61M

13.62M

Short Term Debt

0

0

0

0

Tax Payables

0

0

0

0

Deferred Revenue

0

0

-1.6B

-1.7B

Other Current Liabilities

0

-27.55M

-18.61M

-13.62M

Total Current Liabilities

28.03M

0

18.61M

13.62M

Total Non-Current Liabilities

15.71B

14.69B

18.61M

64.71M

Long-Term Debt

64.74M

64.73M

64.73M

64.71M

Deferred Revenue

0

0

-12.54M

50.22M

Deferred Taxes Liabilities

0

0

12.54M

14.49M

Other Non Current liabilities

15.64B

14.62B

13.23B

0

Total Liabilities

15.73B

14.69B

13.3B

14.3B

Other Liabilities

0

0

13.26B

14.22B

Stockholders Equity

1.62B

1.44B

1.3B

1.15B

Common Stock

54k

54k

54k

54k

Retained Earnings

1.41B

1.25B

1.11B

911.01M

Accumulated Other Comprehensive Income/Loss

-32.18M

-47.59M

-42.25M

14.06M

Other Shareholders Equity

235.78M

0

0

0

Total Liabilities and Stockholders Equity

17.35B

16.13B

14.6B

15.45B

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

1.25B

1.11B

911.01M

748.22M

Net Income

227.24M

206.85M

251.5M

207.73M

Stock Repurchases

0

0

0

-2.85M

Dividend Paid

-65.47M

-45.77M

-37.53M

-32.58M

Retained Earnings

1.41B

1.25B

1.11B

911.01M

Other Distributions

92.3M

99.17M

161.36M

127.35M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

59.19M

85.78M

59.85M

60.3M

Annual Depreciation

0

4.44M

4.12M

4.39M

Capital Expenditure

-4.65M

-3.91M

-3.65M

-9.45M

Net PPE

63.83M

85.25M

59.38M

65.36M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

0

0

15k

0

Goodwill (Previous Year)

13.62M

13.62M

13.6M

13.6M

Goodwill

13.62M

13.62M

13.62M

13.6M

All figures are in USD.

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